Explained on 26 October 2026. This is an educational answer drawn from the dated article below; examples are hypothetical unless a specific source observation is identified.

How it works

The index notice establishes the benchmark event. Exchange trading arrangements and company financial results require separate evidence. A platform transition does not itself increase revenue, improve governance or guarantee a valuation uplift. Both alarming and promotional interpretations can overstate what the notice proves.

A simple example

The October 2026 review links Arham Technologies’ Nifty SME Emerge exclusion to proposed main-board migration. The word “proposed” and the benchmark date should remain in the explanation rather than being rewritten as completed migration or compulsory delisting.

What to check

  • Read the reason next to the exclusion.
  • Check the separate exchange implementation notice.
  • Keep business analysis distinct from classification.

Read the full event and evidence

Arham Leaves Nifty SME Emerge for Proposed Main-Board Migration: Read the Reason explains the original event, its dates and the supporting documents. Event context: 23 October announcement; index change 30 October 2026.